Aspen Insurance Holdings Limited (AHL) Shares Bought by Nuance Investments LLC

Nuance Investments LLC boosted its holdings in Aspen Insurance Holdings Limited (NYSE:AHL) by 12.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 59,235 shares of the insurance provider’s stock after buying an additional 6,746 shares during the period. Nuance Investments LLC owned 0.10% of Aspen Insurance Holdings Limited worth $2,953,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Aspen Insurance Holdings Limited by 13.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,439 shares of the insurance provider’s stock valued at $122,000 after buying an additional 284 shares during the period. TLP Group LLC purchased a new stake in shares of Aspen Insurance Holdings Limited during the 1st quarter valued at about $187,000. Credit Agricole S A raised its holdings in shares of Aspen Insurance Holdings Limited by 155.6% during the 1st quarter. Credit Agricole S A now owns 4,307 shares of the insurance provider’s stock valued at $224,000 after buying an additional 2,622 shares during the period. LS Investment Advisors LLC raised its holdings in shares of Aspen Insurance Holdings Limited by 20.7% during the 2nd quarter. LS Investment Advisors LLC now owns 4,753 shares of the insurance provider’s stock valued at $237,000 after buying an additional 814 shares during the period. Finally, Teacher Retirement System of Texas raised its holdings in shares of Aspen Insurance Holdings Limited by 0.6% during the 2nd quarter. Teacher Retirement System of Texas now owns 4,790 shares of the insurance provider’s stock valued at $239,000 after buying an additional 29 shares during the period. 91.92% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages recently commented on AHL. Buckingham Research began coverage on Aspen Insurance Holdings Limited in a report on Monday, September 11th. They set a “buy” rating and a $44.00 target price on the stock. UBS AG restated a “neutral” rating and set a $52.00 price objective (down from $54.00) on shares of Aspen Insurance Holdings Limited in a report on Tuesday, August 1st. TheStreet downgraded Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a report on Thursday, July 27th. Barclays PLC dropped their price objective on Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an “equal weight” rating on the stock in a report on Thursday, July 27th. Finally, BidaskClub downgraded Aspen Insurance Holdings Limited from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 19th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $52.40.

Shares of Aspen Insurance Holdings Limited (NYSE:AHL) opened at 41.50 on Friday. The company has a market capitalization of $2.48 billion, a P/E ratio of 16.97 and a beta of 0.73. The stock has a 50 day moving average price of $45.53 and a 200-day moving average price of $50.06. Aspen Insurance Holdings Limited has a one year low of $35.05 and a one year high of $57.80.

Aspen Insurance Holdings Limited (NYSE:AHL) last issued its quarterly earnings data on Wednesday, July 26th. The insurance provider reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.54). Aspen Insurance Holdings Limited had a return on equity of 3.84% and a net margin of 7.66%. The firm had revenue of $562.00 million for the quarter, compared to the consensus estimate of $639.57 million. During the same quarter in the prior year, the firm earned $0.40 EPS. The company’s revenue was down 17.5% on a year-over-year basis. Equities research analysts predict that Aspen Insurance Holdings Limited will post $2.44 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 29th. Stockholders of record on Monday, August 14th were given a $0.24 dividend. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.31%. Aspen Insurance Holdings Limited’s payout ratio is 39.67%.

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Aspen Insurance Holdings Limited Company Profile

Aspen Insurance Holdings Limited is a holding company. The Company underwrites specialty insurance and reinsurance on a global basis. It manages its business as two business segments: Aspen Insurance and Aspen Reinsurance (Aspen Re). The reinsurance segment consists of property catastrophe reinsurance (including the business written through Aspen Capital Markets), other property reinsurance (risk excess, pro rata and facultative), casualty reinsurance (U.S.

Institutional Ownership by Quarter for Aspen Insurance Holdings Limited (NYSE:AHL)

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